Economy 7 Storage and Hot Water Heating Guide

Summary

Storage heaters use electricity to heat internal elements, similar to an electric kettle. The elements warm up heavy blocks inside the heater during off-peak hours when electricity is cheaper. The heat is then stored and released during the following day. The off-peak period, known as the Economy 7 tariff, typically spans 7 hours overnight, usually from midnight to 7:00 AM. These hours are set by your electricity provider and cannot be changed by the user. During this time, electricity costs are approximately one-third of the standard rate. Some tariffs may also offer an additional cheap period in the afternoon, providing a “boost” to heaters. This is more common in Scotland. To maximise efficiency, review your specific tariff to understand when cheap rates apply.

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